price at crossroads, dictated by margin buying/selling pressureCRO price is in an interesting spot. seems to be heavily influenced by leveraged traders, sticking to these levels like glue.
while it appears to be breaking out above the downtrend line, i'm still leaning short here with the confluence of 3x shorts ramping up, 4x longs off the table, and potential resistance retesting the prior bull channel.
a breakout above $0.65 would be tempting to buy.
CRO
CRO/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Since CRO is moving faster than my previous chart, I will post a updated chart to so it's easier on the eye and I've removed the other wave counts since we have a better idea of where it's going.
CRO crypto.com going parabolic? Fibonacci levels CRO crypto.com going parabolic???
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Here is a quick logarithmic chart to get an idea of where to get on and off from this fast mover...
Clear uptrend channel visible from this angle and using a Fibonacci which so far the price bounced off the 61.8% level after Black Friday market antics brought it down to around $0.60
Huge fundamentals with the Stables centre sponsorship will keep this coin bounding high, any negative news will hurt the price giving great opportunities to get on this fast and wild horse
Let's see if some speculators are correct into the next years using this weekly log chart, time will only tell...
Off to DJ at CoinFestUK later today, catch u all after the bloodbath, looks like lots of pain today in the markets
majorlee
Reverse Head and Shoulder Move - We finally resume the uptrend Thanks to the massive retest on the 52 cents level that then consinued to form a reverse head and shoulder, lots of technical factors point to us resuming the uptrend from here.
There Also the fact that price has crossed the 60 EMA to the upside and is still at an oversold level on the stochastic are two more confirmations that we will se strong uptrend momentum from here on forward in the next several days or weeks.
Stress free trading. BTC, SOL, Crypto.com, Stock Market AnalysisSometimes we way over complicate our trading.
Back in 2020 you may remember my breakout chart from 10k and since then I have really loosened up my trading.
Bitcoin is succeeding and will continue to succeed.
All I am trying to do now is limit my downside and gain more bitcoin .
Same with Solana.
If you look at my breakout chart for Solana. I bought at $150 but took profits around $260 to be safe.
There should be no anxiety about taking some profit, worse case scenario you miss out on some more upside.
I got back in a little early, around $220 and held this past week through the dip. But, I still added to my Solana position.
I think we can see the push to $300 now if bitcoin also breaks $60k.
Not overthinking this.
If Bitcoin breaks trend into my red zone, then I will sell my BTC and Solana and convert to USDC Staking.
If Bitcoin breaks 60k, I will hold everything and also look at Solana to head up to $300.
In my opinion, we will see 50k again so I'm not worried about taking profits here.
With the massive growth in Solana it is also like we could see sub $200 again, so there should be no stress in taking profit at any price point here, however a successful next checkpoint would be $300.
Along with this, I am also getting into Crypto.com. Mostly because of the naming of the lakers stadium and benefits they provide.
The card is pretty cool, 3% cash back, pays for spotify and netflix which saves me money every month and pays for the staking itself.
I am considering DCA twice a month into Polkadot and staking at 12% rate.
The stock market for now has lost my attention. Many companies are inflated, and many companies are way undervalued, but get shorted to hell.
I will just stick to bitcoin , solana, and staking for now.
At the end of the day, 10% USDC staking is better than market average.
Best,
BK , aka . iampatrick
Good entry for CROAs per usual I don't know anything about indicators, but looking at the pattern CRO has been displaying over the last week or so I'd say it's safe to assume at least a 5% increase over the next hours, probably gonna hit the previous ceiling and start trending down again.
Listen at your own risk, my last attempt at graphs was a total failure, but as per usual, I hope at least it bring attention to the stock and helps you reach your own conclusions.
Good luck out there.
General CRO movement predictionsNot financial advice, just ideas.
Well established support and resistance zones hold price in consolidation. Bad fud regarding newly unstaking users selling off will fold and price will continue bouncing along support zone. Once wedge closes in, I only see an upwards breakout occurring as price is still in low Fib retracement levels.
$CRO Divergence on D timeframe.✅COINBASE:CROUSD
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets
➡️ Test support line
➡️ Forming divergence on RSI - D timeframe
➡️ Last impulsive move up to 1.20$ by end of Bull cycle
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CRO about to spread its wingsCRO looking to fly again here.
Breakout of H4 downtrend on OBV and RSI and price action trend line. Should have another 7% to 1st resistance and potentially retest ATH within the next few days if BTC trends up.
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Top 10 trading tips:
1. DO NOT FOMO into PUMPs.
2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Use multiple indicators to confirm your TA on price action.
10. Only trade what you are willing to lose. It will be hard to trade without emotions.
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Altcoin Heaven: SHIB, CHZ, GALA, CRO PredictionsI believe we're in a crypto accumulation period (ready to launch up), preparing for the continued ascension phase.
The charts have my short-term opinions and price projections for them. This is all my opinions and NOT Financial Advice.
Happy Trading,
Stefan
Founder of A-Stock Trading